


	    R = = = = = = = = = = = = = = = = = = = = = = = = = R
	    E                                                   E
	    L             A  CANDID  PRESENTATION               L
	    E                                                   E
	    A                       by                          A
	    S                                                   S
	    E     `Ali' = Your tell-it-like-it-is Consultant    E
	    *                                                   *
	    T                   Release 2.03                    T
	    W                                                   W
	    O = = = = = = = = = = = = = = = = = = = = = = = = = O


	      Copyright (C) 1991 Wintech Enterprise
	      All Rights Reserved.





		This Final Report consists of three sections:

	      == 1 ==  Side-by-Side and Year-by-Year Comparison

	      == 2 ==  Summary of Technical Indexes

	      == 3 ==  Value Statements and Estate Goals

	      ** Review Introduction to `Ali' in "INTROTO.ALI" **



	  * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
	  *                                                       *
	  *	      Prepared for : Mrs. Single Premium          *
	  *		             1234 Whole Life Street       *
	  *		             RockTown, AppleState 99999   *
	  *		       Tel : (168) 168-8888               *
	  *                                                       *
	  *     Existing Insurance : Principal Financial SP0342   *
	  *       Comparing Policy : 1980 Female Mortality Rate   *
	  *                                                       *
	  * * * * * * * * * * * * * * * * * * * * * * * * * * * * *



		   Registration User : Ali, The Financial Genius

		   Registration  No. : 203-US-0001


		        Today's Date : 07-04-1991          

		Side-by-Side and Year-by-Year Comparison


==============================================================================
                   Existing Policy                   Comparing Policy
          ---------------------------------  ---------------------------------
Age Year      Policy    Annual       Future      Policy    Annual       Future
          Protection   Premium        Value  Protection   Premium        Value
=== ====  =================================  =================================
 35   -1   200000.00  29430.00     32961.60        0.00      0.00         0.00
 36    0   200000.00      0.00     36916.99   200000.00    352.00       394.24
 37    1   200000.00      0.00     41347.03   200000.00    378.00       864.91
 38    2   200000.00      0.00     46308.67   200000.00    408.00      1425.66
 39    3   200000.00      0.00     51865.72   200000.00    444.00      2094.02

 40    4   200000.00      0.00     58089.60   200000.00    484.00      2887.38
 41    5   200000.00      0.00     65060.35   200000.00    528.00      3825.22
 42    6   200000.00      0.00     72867.60   200000.00    574.00      4927.13
 43    7   200000.00      0.00     81611.71   200000.00    618.00      6210.55
 44    8   200000.00      0.00     91405.11   200000.00    664.00      7699.49

 45    9   200000.00      0.00    102373.73   200000.00    712.00      9420.87
 46   10   200000.00      0.00    114658.57   200000.00    760.00     11402.58
 47   11   200000.00      0.00    128417.60   200000.00    810.00     13678.09
 48   12   200000.00      0.00    143827.71   200000.00    866.00     16289.38
 49   13   200000.00      0.00    161087.04   200000.00    926.00     19281.22

 50   14   200000.00      0.00    180417.49   200000.00    992.00     22706.01
 51   15   200000.00      0.00    202067.58   200000.00   1062.00     26620.17
 52   16   200000.00      0.00    226315.69   200000.00   1140.00     31091.39
 53   17   200000.00      0.00    253473.58   200000.00   1230.00     36199.96
 54   18   200000.00      0.00    283890.41   200000.00   1322.00     42024.59

 55   19   200000.00      0.00    317957.25   200000.00   1418.00     48655.70
 56   20   200000.00      0.00    356112.12   200000.00   1514.00     56190.06
 57   21   200000.00      0.00    398845.58   200000.00   1606.00     64731.59
 58   22   200000.00      0.00    446707.05   200000.00   1694.00     74396.66
 59   23   200000.00      0.00    500311.90   200000.00   1788.00     85326.82

 60   24   200000.00      0.00    560349.32   200000.00   1894.00     97687.32
 61   25   200000.00      0.00    627591.24   200000.00   2026.00    111678.92
 62   26   200000.00      0.00    702902.19   200000.00   2192.00    127535.43
 63   27   200000.00      0.00    787250.45   200000.00   2404.00    145532.16
 64   28   200000.00      0.00    881720.51   200000.00   2650.00    165964.02

 65   29   200000.00      0.00    987526.97   200000.00   2918.00    189147.86
 66   30   200000.00      0.00   1106030.21   200000.00   3200.00    215429.61
 67   31   200000.00      0.00   1238753.83   200000.00   3486.00    245185.48
 68   32   200000.00      0.00   1387404.29   200000.00   3768.00    278827.90
 69   33   200000.00      0.00   1553892.80   200000.00   4072.00    316847.89

 70   34   200000.00      0.00   1740359.94   200000.00   4422.00    359822.27
 71   35   200000.00      0.00   1949203.13   200000.00   4846.00    408428.47
 72   36   200000.00      0.00   2183107.51   200000.00   5374.00    463458.76
 73   37   200000.00      0.00   2445080.41   200000.00   6022.00    525818.45
 74   38   200000.00      0.00   2738490.06   200000.00   6786.00    596516.99

 75   39   200000.00      0.00   3067108.87   200000.00   7648.00    676664.79
 76   40   200000.00      0.00   3435161.93   200000.00   8594.00    767489.84
 77   41   200000.00      0.00   3847381.36   200000.00   9608.00    870349.58
 78   42   200000.00      0.00   4309067.13   200000.00  10690.00    986764.33
 79   43   200000.00      0.00   4826155.18   200000.00  11870.00   1118470.45
==============================================================================

		Side-by-Side and Year-by-Year Comparison
				(cont'd)


==============================================================================
                   Existing Policy                   Comparing Policy
          ---------------------------------  ---------------------------------
Age Year      Policy    Annual       Future      Policy    Annual       Future
          Protection   Premium        Value  Protection   Premium        Value
=== ====  =================================  =================================
 80   44   200000.00      0.00   5405293.80   200000.00  13198.00   1267468.67
 81   45   200000.00      0.00   6053929.06   200000.00  14720.00   1436051.31
 82   46   200000.00      0.00   6780400.55   200000.00  16480.00   1626835.06
 83   47   200000.00      0.00   7594048.61   200000.00  18506.00   1842781.99
 84   48   200000.00      0.00   8505334.45   200000.00  20762.00   2087169.27

 85   49   200000.00      0.00   9525974.58   200000.00  23220.00   2363635.98
 86   50   200000.00      0.00  10669091.53   200000.00  25858.00   2676233.26
 87   51   200000.00      0.00  11949382.51   200000.00  28664.00   3029484.93
 88   52   200000.00      0.00  13383308.42   200000.00  31636.00   3428455.44
 89   53   200000.00      0.00  14989305.42   200000.00  34788.00   3878832.66

 90   54   200000.00      0.00  16788022.08   200000.00  38150.00   4387020.57
 91   55   200000.00      0.00  18802584.73   200000.00  41774.00   4960249.92
 92   56   200000.00      0.00  21058894.89   200000.00  45762.00   5606733.35
 93   57   200000.00      0.00  23585962.28   200000.00  50302.00   6335879.60
 94   58   200000.00      0.00  26416277.75   200000.00  55862.00   7158750.59

 95   59   200000.00      0.00  29586231.08   200000.00  63464.00   8088880.34
 96   60   200000.00      0.00  33136578.81   200000.00  75148.00   9143711.74
 97   61   200000.00      0.00  37112968.27   200000.00  94994.00  10347350.43
 98   62   200000.00      0.00  41566524.46   200000.00 131170.00  11735942.88
 99   63   200000.00      0.00  46554507.40   200000.00 200000.00  13368256.02
==============================================================================

		          Summary  of  Technical  Indexes

==============================================================================

    Technical         Existing                                      Comparing
      Index            Policy                                         Policy

=================   ============                                   ===========
Break-Even   Year
    (BEY)                  16         The longer, the cheaper -->        30
-----------------   ------------                                   -----------
Break-Even    Age
    (BEA)                  51         The longer, the cheaper -->        66
=================   ============                                   ===========
Co. Profit  at 74     2538490.06       DIFFERENCE :    2141973.07    396516.99
    (P74)                  12.69       The lower, the cheaper -->         1.98
-----------------   ------------                                   -----------
Co. Profit  at 76     3235161.93       DIFFERENCE :    2667672.09    567489.84
    (P76)                  16.18       The lower, the cheaper -->         2.84
=================   ============                                   ===========
 Instant  Saving 
   Every  Year              0.00                                       -352.00
=================   ============                                   ===========
 Available  Cash 
   First  Year          26450.00                                      26098.00
=================   ============                                   ===========
Retirement Fund &       45000.00       DIFFERENCE :      32015.31     12984.69
(R65) @ 3% Return           0.23       <-- The higher, the better         0.06
-----------------   ------------                                   -----------
Retirement Fund &       45000.00       DIFFERENCE :      31269.10     76269.10
(R65) @ 6% Return           0.23       The higher, the better -->         0.38
-----------------   ------------                                   -----------
Retirement Fund &       45000.00       DIFFERENCE :     188826.84    233826.84
(R65) @ 9% Return           0.23       The higher, the better -->         1.17
-----------------   ------------                                   -----------
Retirement Fund &       45000.00       DIFFERENCE :     558292.08    603292.08
(R65) @12% Return           0.23       The higher, the better -->         3.02
-----------------   ------------                                   -----------
Retirement Fund &       45000.00       DIFFERENCE :    1389788.04   1434788.04
(R65) @15% Return           0.23       The higher, the better -->         7.17
-----------------   ------------                                   -----------
Retirement Fund &       45000.00       DIFFERENCE :    3202927.54   3247927.54
(R65) @18% Return           0.23       The higher, the better -->        16.24
-----------------   ------------                                   -----------
Retirement Fund &       45000.00       DIFFERENCE :    7054603.23   7099603.23
(R65) @21% Return           0.23       The higher, the better -->        35.50
==============================================================================


		   Value Statements and Estate Goals
		   =================================


  **   To sum up, expensive policy is characterized by three LOW's - (BEY)
       (BEA) and (R65), plus two HIGH's - (P74) and (P76).

  **   Existing Policy helps the family, i.e. pays more than total premiums
       during first [16] years or until age [51].   After that, Insurance
       Company's risk is over.   This insurance risk could be too short and
       too low to justify huge potential profit to Insurance Company.

  **   Comparing Policy helps the family, i.e. pays more than total premiums
       during first [30] years or until age [66].   After that, Insurance
       Company's risk is over.   The insurance risk could be long and high
       enough to justify moderate potential profit to Insurance Company.

  **   Existing Policy is [6.40] times more expensive than Comparing Policy
       for Male Insured.    Check Insurance Company's real profit margin:

                   Existing Policy :  $ 2538490.06  or 1269.24 %
                  Comparing Policy :  $  396516.99  or  198.26 %
               ----------------------------------------------------
                    The Difference :  $ 2141973.07  or 1070.99 %

  **   Existing Policy is [5.70] times more expensive than Comparing Policy
       for Female Insured.    Check Insurance Company's real profit margin:

                   Existing Policy :  $ 3235161.93  or 1617.58 %
                  Comparing Policy :  $  567489.84  or  283.74 %
               ----------------------------------------------------
                    The Difference :  $ 2667672.09  or 1333.84 %

  **   In Existing Policy, Retirement Fund at Insured's 65 corresponds to
       a rate of return of [5.0%].   How is [5.0%] compared to inflation,
       average [6.0%]?    In many policies, returns in earlier years are
       actually NEGATIVE.   Read eye-opening analogy in "FUNNY.BNK".

  **   Replacing Existing Policy with Comparing Policy, we save [$-352.00].
       We also recover a smaller portion of our `stolen' money, [$26450.00].
       Our instant achievement: Become [$26098.00] richer without sacrificing
       our protection coverage!   Even if we choose to invest what we save
       conservatively, we will have more $$ freedom after retirement!

  **   `Ali' says: "No difference from real estate refinancing, wasteful
       cash value policies should be replaced by inexpensive term policies."
       Review comments from experts in "QUOTE.CVL".

  --------------------------------------------------------------------------

  NOTE 1 :  The Future Value of Paid Premium `belongs to' Insurance Company.
            Only Cash Value can be available under restricted conditions.

  NOTE 2 :  Assumed average annual return of 12.0% for Insurance Company.
            Read "INTROTO.ALI" to appreciate its justification.

  NOTE 3 :  Best Strategy is simple: "Buy Pure Term and Invest The Difference."

